Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 7.19 to 4.46 5.3 (30.77%) . .
Intermediate 6.28 to 4.46 . 5.3 (46.15%) .
Short 4.46 to 5.31 4.98 (38.82%) . .